100%

funded

Total loan: $3,750

Conchan De Milagro (Cuenca) Group

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Cuenca, Azuay, Ecuador / Housing

Conchan De Milagro (Cuenca) Group's loan finished fundraising,
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A loan helped To buy a dresser and an electric saw.


Conchan De Milagro (Cuenca) Group's story

The Conchan de Milagro bank is made up of a group of women who are always looking out for the good of their families, and they are succeeding by the effort they put into their daily work and perseverance. They live in the Conchan de Milagro community located about 45 minutes outside the city of Cuenca. The people work in farming and it’s a beautiful area because from there, they can see the city of Cuenca. Mrs. Blanca C. has been a member of this bank for three cycles. She is 22, and lives in a common-law marriage with her partner and two-month-old son. He was born in the home that they share with her mother and they pay some of the household expenses since they still don’t have their own house. Her husband works as a carpenter and she in sewing. She studied for three years at a school, and was working in a jeans factory but left when her first child was born. Blanca has a lovely friendship with all her companions at the bank. The loans that she has received she has used for the birth of her son. With the new loan she’s going to pay for a dresser for the baby. Her goal is to continue in what she likes most, sewing. Rosa D. is in her second loan cycle in the community bank. She was invited by her friends and members of the bank. She has used the loan to buy chickens and guinea pigs in the last two year, dividing up her time with the household chores and caring for her children. She raises the animals to sell as well as for consumption in her own house. Our member lives in the Conchan de Milagro community in the outskirts of the city of Cuenca. She has been married for some years and is the mother of six children, 17, 15, 13, 10, 9 and 8. Her three oldest are studying in different schools in the city and the three youngest in a local school. Her husband is a carpenter but he is always looking for extra work to round out his salary. She also comments that the house where they live is the fruit of their effort and the sacrifices by the two of them. She will use the loan that she is requesting to buy an electric saw for her husband’s carpentry work. Her biggest dream is to see her children become successful professionals in the fields that they choose.

Translated from Spanish by Miriam Palacio, Kiva Volunteer